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Browsing: Nigerian National Petroleum Corporation
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Dankwambo, who chaired NEC ad hoc committee on remittances, said the infractions were identified by KPMG that was contracted to carry out a forensic audit of revenue remittances to the Federation Accounts.
Yari said that the governors have agreed to receive millions of litres of petroleum per day for which they were prepared to pay the appropriate subsidy based on the need of their people.
“We are committed to growing the NNPC Retail business particularly to drive the market share much higher and by expanding the reach through filling stations directly owned or through affiliate stations,” Engr. Mohammed enthused.
Stressing that the four refineries were “running on a faulty business model,” Johnson argued that solving the TAM is a short-term solution, thus the need to have a holistic solution that is long-term and sustainable.”